A law has entered into force, which provides for the increase of a number of taxes. Some changes will also affect motorists.
A few months ago, on September 17, Ukrainian parliamentarians adopted as a basis draft law No. 11416-d, the main purpose of which is to revise tax rates during martial law. Later, the document received a number of amendments, was generally supported and waited for the Presidentʼs signature for quite a long time. However, the law was ratified and published in the official edition on November 30, i.e. it becomes effective from December 1, 2024. What does all this change for motorists?
We will remind you that in 2020, rules were introduced according to which the second and third (and all subsequent) sales by an individual in the reporting (calendar) year of a passenger car, moped or motorcycle are taxed at the rate of 5% and 18%, respectively. A military levy is added to these rates, the amount of which before the changes mentioned above was 1.5%.
If there is a sale of a truck, bus, trailer, tractor, or special equipment, taxation begins from the first transaction (at a rate of 5%), for the second sale in the year, 5% is also charged, for the third and all subsequent ones — 18%. Here, too, a military levy is added every time. Interest is determined from the appraised value of the vehicle, which should also be confirmed by an official appraisal document.
What has changed? The rate of the military levy increases from 1.5% to 5% (the military levy for military personnel and employees of law enforcement agencies, defined in the Law, remains unchanged at the level of 1.5%). Hereʼs how it all looks on the infographic:
So, in the end, at the second sale of a car, moped or motorcycle by an individual in a year, the seller will have to pay 5+5%, i.e. a total of 10% of the estimated value of the vehicle sold. When the third sale (and all subsequent ones) will take place within the year, the tax rate will be 18+5=23% of the value of the vehicle.
In the same way, it is possible to determine what the total amount of taxation will be for buses, trucks, trailers, tractors or special equipment that was privately owned by individuals before the sale: 10% for the first and second sales of the year, and 23% for the third and all subsequent ones .
These increased rates of military service will be in effect until December 31 of the year in which martial law will be terminated.
Subscribe to the Telegram channel of the Auto Market Research Institute to be the first to receive information without advertising or spam.
